Rahma Oladosu

Forex: Nigeria Lost $1.4 billion Over Restrictions

Forex: Nigeria Lost $1.4 billion Over Restrictions According to the Central Bank of Nigeria (CBN), Nigeria has lost approximately $1.4 billion over the restriction of forex to 43 items by the Central Bank under the leadership of Godwin Emefiele. The Deputy...

Why CBN, NNPCL Agree to Domicile Oil Firm’s Revenue in Apex Bank

Why CBN, NNPCL Agree to Domicile Oil Firm's Revenue in Apex Bank In an effort to improve efficiency and bolster their commercial activities, the Nigerian National Petroleum Company Limited (NNPC Ltd) and the Central Bank of Nigeria (CBN) have announced...

APM Terminals to Invest $500m in Developing Apapa Ports

APM Terminals to Invest $500m in Developing Apapa Ports The owners of APM Terminals have expressed their readiness to invest half a billion dollars in Apapa port to make it one of the biggest in Africa. This was disclosed by the...

LCCI: FG Must Address Mineral Challenges To Reduce Oil Dependency

LCCI: FG Must Address Mineral Challenges To Reduce Oil Dependency The Lagos Chamber of Commerce and Industry (LCCI), has charged the Federal Government that, even though the policy to regulate the solid minerals sector in Nigeria has potential economic benefits,...

Kaduna Court Jails Fake EFCC Agent, Two Others

Kaduna Court Jails Fake EFCC Agent, Two Others The Kaduna Zonal Command of the Economic and Financial Crimes Commission (EFCC) has convicted and sentenced Abdulazeez Isah to three years imprisonment for parading himself as an agent of the anti-graft agency. Abraham...

Edun, Cardoso Seek Increase In World Bank Support for Nigeria

Edun, Cardoso Seek Increase In World Bank Support for Nigeria Mr. Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, has called for more support from the World Bank for Nigeria, expressing hope that the multilateral institution...
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